Jefferies Starts Groupon, Inc. (GRPN) at Hold; Deal Fatigue

September 5, 2012 7:47 AM EDT
Get Alerts GRPN Hot Sheet
Price: $21.51 -2.14%

Rating Summary:
    14 Buy, 16 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Groupon, Inc. (NASDAQ: GRPN) with a Hold. PT $4.75.

Jefferies analyst said, "At $4.15 the stock trades at ~3.5x our 2013E EBITDA (2012-15 EBITDA CAGR of ~16%) and ~11x our 2013E Operating EPS (2012-15 Op EPS CAGR of ~28%). While Groupon is the worldwide leader in the daily deals market, we are concerned that global macro-economic headwinds and “deal fatigue” are having a negative impact on revenue growth and will persist near term."

For an analyst ratings summary and ratings history on Groupon, Inc. click here. For more ratings news on Groupon, Inc. click here.

Shares of Groupon, Inc. closed at $4.24 yesterday.


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